State Treasurer Lynn Rogers has a passion for education. As the father of three adult children, he knows the burden that comes with student debt. As a grandfather, Lynn knows the importance of saving early and often to help his grandchildren achieve their future dreams.
Learning Quest 529 Education Savings accounts help Kansas families save for their children in tax-advantaged 529 accounts. Learning Quest offers education savings accounts to help you pay education expenses for individuals that you designate, or for yourself. Kansas taxpayers may take an annual deduction of up to $3,000 ($6,000 for married, filing jointly) from Kansas adjusted gross income for contributions into each beneficiary's account.
Kansas also offers the Learning Quest Advisor and the Schwab 529 Plan, which are managed by American Century Investments and distributed by Charles Schwab & Co., Inc.
Kansas State Treasurer, Lynn Rogers is proud to be celebrating 529 day on May 29th by visiting different children’s museums to discuss the benefits of Learning Quest 529 Educational Savings Accounts!
Lynn will be visiting three locations across the state! Those locations, in order, are:
Kansas Children’s Discovery Center (Topeka)
4400 SW 10th Ave, Topeka, KS 66604
Flint Hills Discovery Center (Manhattan)
315 S 3rd St, Manhattan, KS 66502
Exploration Place (Wichita)
300 N McLean Blvd, Wichita, KS 67203
Why should you 529?
All students deserve the opportunity to achieve their dreams. That's why the State Treasurer's Office is proud to give Kansas students a chance to make their education more affordable through Learning Quest 529 savings plans.
529 College Savings Programs offer tax benefits while assisting Kansas families with the rising cost of education and reducing student loan debt. There are no age or income limits, and anyone can contribute to the accounts. Funds can be used to cover costs of public, private, community, technical, and vocational schools as well as registered apprenticeship programs.
The Kansas Learning Quest 529 Education Savings Program is administered by Kansas State Treasurer Lynn Rogers, who is responsible for the regulations governing the program, selecting the financial organization that manages the accounts, ensuring the program complies with all relevant Internal Revenue Service guidelines and monitoring investment performance with the assistance of an outside consultant and an advisory committee. The Treasurer also must report each year to the Kansas Legislature on the operations of the program.
The State of Kansas selected American Century Investments, based in Kansas City, Missouri, as the program manager. This mutual fund, brokerage and investment services company is in charge of managing accounts, providing customer service, educating account owners and communicating the benefits of the program.
Disclaimer: As with any investment, withdrawal value may be more or less than your original investment. This information is for educational or informational purposes only and is not intended as tax advice. Investments are not garaunteed by the state of Kansas, The Kansas State Treasurer, American Century Investment Management, Inc., or Charles Schwab & Co., Inc.